Bank Teller Salary in Denver {} JSON

Market Intelligence

The salary landscape for Bank Tellers in Denver, CO, is shaped by several factors that impact both the supply of talent and employer demand. With a trimmed average salary of $32,225, it's crucial to recognize that most positions are concentrated around the lower end of the spectrum, reflecting a typical entry-level role in a competitive banking market. The significant variation in salary—from $20,000 at the 10th percentile to $140,000 at the 90th—indicates a mix of experience levels and possibly varying institutional pay practices, which can guide your negotiation strategy.

What This Market Is Signaling

• The concentration of open positions at the lower salary ranges, with 239 at $40,000 and only 13 at $60,000, suggests that most employers prioritize filling entry-level roles at a lower wage due to budget constraints or lower perceived value of the position.
• The narrow range between the 25th and 75th percentiles (both at $40,000) implies that most Bank Tellers in Denver earn similar salaries, indicating that employers may not be differentiating significantly based on experience or skills, which can affect your negotiation leverage.
• The presence of larger employers like Wells Fargo and PNC, combined with only 15 open positions, points to a stable but competitive job market, where demand for Bank Tellers is moderated by the sufficient supply of candidates available for these roles.
• High cost of living in Denver may pressure employers to offer competitive salaries, yet the current compensation structure suggests that many offers may still fall short of what experienced candidates might expect, indicating room for negotiation.
• The extreme salary outlier at $140,000 suggests that there may be rare instances of specialized roles or management positions masquerading as teller jobs, which can mislead job seekers about the typical salaries they should expect.